Bart, Pennsylvania Property Taxes
The median property tax rate in Bart, PA is 1.47%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Bart at $170,550, the typical annual property tax bill reaches $2,512, slightly below the national median of $2,690. Property taxes in Bart are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Bart's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Bart or another part of Lancaster County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bart, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.47%
Estimate Property Tax Bill
$2,507
-$26,274
Ownwell’s BART Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in BART with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in BART to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Bart, Pennsylvania
Property taxes in BART, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in BART is 1.47%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within BART set these rates annually, and they can vary significantly across different neighborhoods. Each year, BART estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares BART's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 17503 has the highest median property tax rate of 1.47%, while the same zip code also has the lowest median tax rate of 1.47%. Understanding how these cities compare with BART provides valuable insights into the varying tax landscape across Lancaster County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bart Tax Rate
1.47%
Average Lancaster County Tax Rate
2.13%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bart, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17503 | 1.47% | 1.47% | 1.47% | 1.47% | 1.47% |
Source: Ownwell
Property Tax Assessment Values Across Bart, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Bart, Pennsylvania. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Lancaster County Assessment Office for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Bart, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. The median home price in Bart is $170,550, with tax bills ranging from $2,214 at the 25th percentile to $3,122 at the 90th percentile. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Bart helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Bart Assessed Value
$170,550
Average Lancaster County Assessed Value
$177,300
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bart, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17503 | $132,000 | $150,325 | $170,550 | $195,800 | $211,980 |
Source: Ownwell
Property Tax Bills Across Bart, Pennsylvania
In Bart, located in Lancaster County, PA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by local assessors and reflects the market value of the property. Homeowners in Bart experience a range of tax bills, with the 25th percentile paying around $2,214 and the 75th percentile paying approximately $2,884 annually. The 90th percentile of tax bills reaches up to $3,122, indicating that higher-valued properties contribute more significantly to local tax revenues. Several factors influence the tax bill, including the property's assessed value, the local tax rate, and any applicable exemptions or deductions. The median home price in Bart is $170,550, which provides a baseline for understanding tax obligations. When comparing these figures to the national median property tax rate of 0.99%, Lancaster County's tax rates can be seen as moderately high. For homeowners, these taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting community quality of life.
Average Bart Tax Bill
$2,512
Average Lancaster County Tax Bill
$3,883
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Bart, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17503 | $1,944 | $2,214 | $2,512 | $2,884 | $3,122 |
Source: Ownwell